Crdo stock price forecast based on option chain data

Based on option chain data, the crdo stock price forecast is leaning bullish, with higher open interest in near-the-money calls set to expire in the coming month, indicating trader confidence. In fact, the global market for AI-driven data centers is projected to grow at a 30% compound annual rate, potentially hitting $100 billion by 2030. That kind of exponential expansion sets the stage for Credo to become an indispensable player in next‑gen connectivity. As AI infrastructure goes mainstream, is this quiet innovator just getting started? Let’s find out. The Zacks Consensus Estimate for third-quarter fiscal 2025 revenues is pegged at $120 million, indicating year-over-year growth of 126.16%. The consensus mark for earnings is pegged at 18 cents per share, up 80% over the past 60 days and indicates 350% growth over the year-ago quarter’s reported figure. The Zacks Consensus Estimate for fiscal 2025 revenues is pegged at $386.95 million, indicating year-over-year growth of 100.52%. The consensus mark for fiscal 2025 earnings is pegged at 50 cents per share, up 43% over the past 60 days and indicates 455.56% growth over fiscal 2024’s reported figure. CRDO’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, matching in the remaining one, the average surprise being 28.33%. This factor materially improves projected earnings and stock valuation metrics.